Equity Research firms currently have a positive stance on shares of ICICI Bank Ltd. (NYSE:IBN). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $9.70 on a short term basis.
At the time of writing, the stock was trading at $7.51. This represents a change from the opening price of 0.81%. In terms of performance, year to date, the stock is -2.86%. The monthly stock performance comes in at -10.99%. For the quarter, shares are performing at 0.68%. Weekly performance analysis shows the equity at 0.54%.
In taking a look at technical levels, shares are trading -1.81% away from the 50 day simple moving average and 6.84% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -17.29% away from it’s 52- week high and 48.89% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, ICICI Bank Ltd.’s RSI stands at 43.69. In looking at volatility levels, the shares saw weekly volatility of 1.46% and 1.75% over the past month.